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so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that
so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving...
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washington insiders. because they think that they're going to be doing this down to the very last minute. >> i know you were dismayed saying that typically behind the scenes, at least, they're cutting some deals, and you felt that watching here and what you're talking about is exactly what's happening. >> people who are in on the discussion zoraida told me yesterday that what we're seeing play out is what's playing out. there's no back channel negotiation. there's no -- we're seeing it play out in real time and that's -- that's actually a little bit frightening. and because of this, there's something else that's happening i want to tell you about. oracle is the latest company that says it's going to pay out dividends to its shareholders early to avoid higher investment taxes next year. this means a pay day early for investors. mom and pop investors, too. you're going to get a dividend before the end of the year. dividends currently are taxed at 15%. in 2013 if we fall off the fiscal cliff, dividends will
washington insiders. because they think that they're going to be doing this down to the very last minute. >> i know you were dismayed saying that typically behind the scenes, at least, they're cutting some deals, and you felt that watching here and what you're talking about is exactly what's happening. >> people who are in on the discussion zoraida told me yesterday that what we're seeing play out is what's playing out. there's no back channel negotiation. there's no -- we're seeing...
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that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will not work out. it sounds like some days i -- dates i went through. but enough about me back to my guest. this man claims the salvation army turned him away as a singing bell ringing because cute women bring if more cash. he is not ripping a bell anymore. is that legal? does he have a case? lis wiehl and deborah are trying this. we pit out a call to the salvation army and we will get their statement in a second lis? >>lis: he does. reverse discrimination. unless you try out for the rock rocketettes, where your looks matter so were, it shouldn't matter. plus, the guy is kind of cute. >>neil: he is fuzzy. he does, indeed -- there he is. reverse discrimination
that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will not work out. it sounds like some days i -- dates i went through. but enough...
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jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good network on the hill. i think they're going to have some kind of staged in agreement and then agree to attack the entitlement situation in the new year. >> michael, what do you make of what's going on? how do you try and trade this? at least we had some volatility the traders could trade on. now we don't have that. >> i think the lower volatility is telling you this is an extremely resilient stock market. i've been calling this the rocky balboa stock market. the entire scenario playing out is the fiscal cliff ends up being bullish no matter what. spending cu
jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good...
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but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic. thanks a lot. greatly appreciate it. >>> now, mica, let's go to sports. last night i cannot believe you are such an nfl fan while you're watching one direction you are also watching monday night football. >> i watched it on the big screen. >> did you really? >> yeah. >> that's not right. robert griffin iii making his monday night football debu. rg-3 finds running room along the leave side. he's got the first down and much more. but as he goes down, the ball pops loose right into the waiting arms of josh morgan who takes it in for a touchdown to give the redskins an early
but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic....
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in washington today, the republicans responded to the white house budget plan with a proposal of their own. it would raise the eligibility age for medicare and people on social security would get smaller cost of living increases. unless there's a compromise by the end of this month, taxes will go up automatically for nearly every american. there is a lot at stake. so we asked wyatt andrews to make sense of how these budget plans compare. wyatt? >> reporter: scott, this republican counterproposal today is long on reducing the deficit and saving big on medicare, but it leaves the two sides still hundreds of billions of dollars apart and they are not close on the basic approach to solve the fiscal cliff. in a letter to the president, house republicans called their offer a fair middle ground. it's a ten-year framework that cuts the deficit by $2.2 trillion. it includes $600 billion in health care cuts-- mostly medicare and medicaid-- $300 billion in other mandatory spending and $300 billion in cuts to all other federal spending. by contrast, the president has proposed around $600 billion i
in washington today, the republicans responded to the white house budget plan with a proposal of their own. it would raise the eligibility age for medicare and people on social security would get smaller cost of living increases. unless there's a compromise by the end of this month, taxes will go up automatically for nearly every american. there is a lot at stake. so we asked wyatt andrews to make sense of how these budget plans compare. wyatt? >> reporter: scott, this republican...
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fiscal crisis, the texas woman taking on washington and saying, if congress can't solve it, cut off their paychecks until they do. >>> and eyes wide shut. you will see our reporter behind the wheel, his eyes open, his brain asleep. an abc news experiment on drowsy drivers out cold, and they don't even know it. >>> good evening. we begin with that announcement out of england today that rocketed around the world. the future queen, kate middleton, expecting her first child, but she was rushed to the hospital, prince william by her side. abc's lama hasan is here. we talked with sources inside the palace, and she has the latest on what happened. lama. >> reporter: good evening, diane. well, the couple had been so tightly lipped about the pregnancy that some here at the palace the queen, prince charles and other members of the royal family reportedly only found out about it today. but when kate was hospitalized, the palace decided it was time to break the news to the world. the last time the world saw kate middleton was on friday, a picture of health playing field hockey. now we learn the duche
fiscal crisis, the texas woman taking on washington and saying, if congress can't solve it, cut off their paychecks until they do. >>> and eyes wide shut. you will see our reporter behind the wheel, his eyes open, his brain asleep. an abc news experiment on drowsy drivers out cold, and they don't even know it. >>> good evening. we begin with that announcement out of england today that rocketed around the world. the future queen, kate middleton, expecting her first child, but...
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kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the american people overwhelmingly disagree. the rates have to rise and republicans need to acknowledge that. >> the major difference between the two sides is over taxing on the rich. obama wants to raise taxes on the wealthy. obama wa
kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of...
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but this is washington. i guess it's not air box, it's a beltway here. and we are in this debt mania. there is a long term crisis on debt. i think david would agree with that. if you actually go back and read what my old boss and his partner wrote almost two years ago now, they said these things, these cuts in tax increases should be back loaded so we don't damage the economy. in the president's proposal, he does have a small infrastructure bank program to try to jump-start some growth, so i think it's a good idea. raising tax rates on the rich. i saw your interview with senator coburn. he is committed to debt reduction. he has really put in the time here and i admired his work on this. but even a guy like senator coburn who was on the commission and supported its report can't state the obvious. we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just sill
but this is washington. i guess it's not air box, it's a beltway here. and we are in this debt mania. there is a long term crisis on debt. i think david would agree with that. if you actually go back and read what my old boss and his partner wrote almost two years ago now, they said these things, these cuts in tax increases should be back loaded so we don't damage the economy. in the president's proposal, he does have a small infrastructure bank program to try to jump-start some growth, so i...
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when people were asked in our cnn/orc poll about what they thought washington officials would behave like in these fiscal cliff discussions, 28% said responsible adults. 67% said spoiled children. spoiled children. low ethical standards. if ever there was a time for elected officials to step up and prove they don't deserve that reputation, well, it would be now. house republicans today did offer a counter proposal on the fiscal cliff. their plan, $2.2 trillion deficit savings over the next decade, but it does not include higher tax rates for the wealthy. the house speaker john boehner calls it a credible plan that deserves serious consideration by the white house. guess what? the white house released a statement tonight saying the plan is nothing new, that it lowers rates for the wealthy and sticks the middle class with the bill. so to borrow a phrase, we're nowhere. period. david walker is president and ceo of comeback america initiative. he's made it his mission to promote fiscal responsibility. he joins us along with cnn political analyst, david gergen. david walker, let me start
when people were asked in our cnn/orc poll about what they thought washington officials would behave like in these fiscal cliff discussions, 28% said responsible adults. 67% said spoiled children. spoiled children. low ethical standards. if ever there was a time for elected officials to step up and prove they don't deserve that reputation, well, it would be now. house republicans today did offer a counter proposal on the fiscal cliff. their plan, $2.2 trillion deficit savings over the next...
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this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ends december 7th. trying to find a better job can likbe frustrating.gs, so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and a
this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. a new way to save on your prescriptions. it's the aarp medicarerx saver...
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but we'll start in washington. the president meeting with six governors around the country to discuss the fiscal cliff. our be john harwood is live to talk about the impact of that meeting, john, and the impact of this offer that we got from the republicans yesterday. >> reporter: carl, we haven't heard from the president or the governors yet in this meeting. we did just get some remarks that gene sperling delivered in which he responds to boehner's letter calls the baoehner offer disappointing and says that an accept aps by republicans that rates have to go up is the key to unlocking a deficit reduction agreement. now that's consistent with everything that's happened at the white house since the election, essentially trying to break down republican resistance to raising top rates which is very popular with the american people. however, as i mentioned when we talked in the last hour, are the significance of the republican offer is that they have laid out and taken ownership of cuts to entitlement programs, medicare
but we'll start in washington. the president meeting with six governors around the country to discuss the fiscal cliff. our be john harwood is live to talk about the impact of that meeting, john, and the impact of this offer that we got from the republicans yesterday. >> reporter: carl, we haven't heard from the president or the governors yet in this meeting. we did just get some remarks that gene sperling delivered in which he responds to boehner's letter calls the baoehner offer...
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brianna keilar is live from washington. what now, brianna? >> well, right now it's about the pressure building and the clock kicking, zoraida. as house republicans in the white house try to ultimately broker a deal between two very different plans. house speaker john boehner's counteroffer, if you take a look at the headlines from this $800 billion in what would be savings from tax reform. so that is new tax revenue. but not done by increasing income tax rate on the wealthiest. but instead by closing tax loopholes, eliminating tax credits. and also $600 billion in health savings. that's what you'd get from entitlement reform. from reforming medicare, and doing some cuts there under this plan. but compare it to the white house plan, very different than what's on the table there. $1.6 trillion in new taxes. that is two times the amount in the boehner plan, and also, of course, includes increasing those income tax rates for the wealthy. $400 billion to medicare and other entitlements, that's $ 00 billion less than in the speaker's counteroffer a
brianna keilar is live from washington. what now, brianna? >> well, right now it's about the pressure building and the clock kicking, zoraida. as house republicans in the white house try to ultimately broker a deal between two very different plans. house speaker john boehner's counteroffer, if you take a look at the headlines from this $800 billion in what would be savings from tax reform. so that is new tax revenue. but not done by increasing income tax rate on the wealthiest. but...
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. ♪ ♪ >> brian: new york giants play the washington red skin and they ended up lose will. i don't want to talk about. giants are 7-5 and redskins 6-6. he was faulted for keeping quiet about the fast and furious. gary grinnler chief-of-staff for eric holder is stepping down, last day tomorrow. steve, something to do with nothing i talked about. >> steve: has to do with the law. they risked their lives to protect our country. >> gretchen: u.s. veterans deemed too mentally incompetent to handle the finances are entered into a national criminal background system. that prevents them from buying or owning a gun. >> steve: should the second amendment right of those veterans be taken away. we'll have to judge andrew napolitano. >> i am upset about the gines. i will do my best. >> steve: in the defense bill, there is a sticky issue of whether or not veterans should be allowed to bear gun. >> the right to bear guns it is a natural right. if you are armed you have a right to defend yourself and your family and country. that is a right and not a gift from the government. you don't nee
. ♪ ♪ >> brian: new york giants play the washington red skin and they ended up lose will. i don't want to talk about. giants are 7-5 and redskins 6-6. he was faulted for keeping quiet about the fast and furious. gary grinnler chief-of-staff for eric holder is stepping down, last day tomorrow. steve, something to do with nothing i talked about. >> steve: has to do with the law. they risked their lives to protect our country. >> gretchen: u.s. veterans deemed too mentally...